On with Kara Swisher Margrethe Vestager Shows Tech Gatekeepers The Door
Mar 18, 2024
Margrethe Vestager, Executive Vice President of the European Commission, has been a formidable force in regulating Big Tech. She discusses her optimism about technology while enforcing stringent EU regulations like the Digital Markets Act. Vestager details the recent $2 billion fine on Apple and examines the balance between safety and innovation. The conversation also touches on the implications of the upcoming AI Act and reflects on her future after her term ends, providing insights into the evolving regulatory landscape.
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Tech for Good at SXSW
- Margrethe Vestager attended SXSW and was impressed by the tech-for-good innovations.
- She highlighted a blind man developing games for the blind and efforts to enable safe abortions.
Shifting Public Perception on Tech Regulation
- Public perception towards tech regulation has shifted significantly.
- Vestager observes a growing global recognition of the need for tech regulation.
Disagreement on Consumer Harm
- Apple's reaction to the $2 billion fine highlights a core disagreement on consumer harm.
- Vestager argues that restricting cheaper options constitutes obvious consumer harm.